The Best Hotels Closest to Mercado 4 in Asunción - 2026 Updated Prices

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Our top choices for Mercado 4 hotels

A pool surrounded by palm trees and lush greenery, with a pathway leading to the pool.

A luxurious room with a large wooden table set for dining, surrounded by elegant chairs.

A bedroom with a bed, a nightstand, a chandelier, a painting, and a door with decorative elements.

A buffet table with various food items and a fruit display.

1. Gran Hotel del Paraguay

1.4 km from Mercado 4

Andrew S.

฿2,743

฿3,018 total

includes taxes & fees

27 Sept - 28 Sept

A rooftop terrace with a hot tub, dining table, chairs, and a view of the city at dusk.

A modern reception area with a marble counter, wooden flooring, and pendant lighting.

An indoor swimming pool with a view of a body of water and a bridge.

A modern hotel entrance with a reception desk, glass doors, and a large sign reading "The One Downtown."

2. Asuncion Rent Suites Centro

La Encarnacion, 2.9 km from Mercado 4

vidal

฿1,745

฿1,919 total

includes taxes & fees

3 Oct - 4 Oct

A spacious indoor area with checkered flooring, multiple seating arrangements, and large arched windows.

A spacious atrium with a high ceiling, large windows, and a central balcony with ornate railings.

A spacious indoor area with checkered flooring, multiple seating arrangements, and large windows.

A historic building with ornate architectural details, multiple storefronts, and a prominent entrance.

3. Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

La Encarnacion, 2.8 km from Mercado 4

Kenneth

฿3,209

฿3,530 total

includes taxes & fees

18 Oct - 19 Oct

A pool area with a hammock, surrounded by greenery and a mural on the wall.

A bed with striped bedding, a wooden headboard, and two wall-mounted lamps.

A window with a view of a garden, including a pool and various plants.

4. El Nomada Hotel & Hostel

1.8 km from Mercado 4

Oliver

฿990

฿1,089 total

includes taxes & fees

22 Sept - 23 Sept

A spacious living area with a dining table, chairs, a sofa, and a large window with curtains.

A living room with a brick wall, a chandelier, a sofa, a coffee table, and a potted plant.

A building with classical architecture, featuring columns and a balcony.

A bedroom with a large bed, bedside tables, a wooden headboard, a mirror, and a hanging light fixture.

5. Asunción Palace Hotel

La Encarnacion, 3 km from Mercado 4

Gerald

฿1,999

฿2,199 total

includes taxes & fees

22 Sept - 23 Sept

A spacious lobby with a reception desk, multiple seating areas, and a high ceiling with ornate railings.

A swimming pool with a wooden deck, steps, and potted plants.

A gym with treadmills and exercise equipment on a balcony with a city view.

A spacious lobby with a marble floor, large columns, and artwork on the walls.

6. Granados Park Hotel

La Encarnacion, 2.5 km from Mercado 4

Jacob

฿2,376

฿2,614 total

includes taxes & fees

22 Sept - 23 Sept

A hotel room with a bed, a nightstand, a lamp, and a colorful painting on the wall.

A compact living space with a kitchenette, a blue sofa, a bed, and a decorative tree painting.

A kitchen with a granite countertop, stainless steel sink, white cabinets, and a built-in microwave.

A bathroom with a marble floor, a toilet, a sink, and a shower.

7. Edificio Navarra

1.8 km from Mercado 4

Luis

฿1,200

฿1,319 total

includes taxes & fees

22 Sept - 23 Sept

A lobby with a round table surrounded by potted plants, a chandelier, and a staircase in the background.

A modern skyscraper with a distinctive blue and white facade, featuring a grid-like pattern and a central vertical element.

A rooftop terrace with a canopy, two beds, a sofa, and potted plants.

A buffet setup with various food items and coffee machines, a bar area with bottles, and a staircase in the background.

8. Hotel Guarani Asuncion

Catedral, 2.1 km from Mercado 4

Silvio

฿2,680

฿2,947 total

includes taxes & fees

23 Sept - 24 Sept

A glass-enclosed balcony with potted plants, a metal bench, and a view of the surrounding area.

A room with a glass partition, a dining table, chairs, and potted plants.

A reception area with two red chairs, a reception desk, and a window with a view of the street and parked cars.

A hotel entrance with a glass door, a metal gate, and a number '877' on the door.

9. Hotel Amalfi

Catedral, 1.7 km from Mercado 4

Daniel

฿2,249

฿2,474 total

includes taxes & fees

22 Sept - 23 Sept

A buffet with various dishes and a coffee station.

A hotel room with a bed, bedside table, lamp, and a television mounted on the wall.

A gym with various exercise equipment, wooden flooring, and large windows offering city views.

A spacious living room with a sofa, armchairs, a coffee table, and a fireplace.

10. Hotel Cecilia

San Roque, 1.3 km from Mercado 4

Alexandre

฿2,432

฿2,676 total

includes taxes & fees

25 Sept - 26 Sept

A rooftop pool with a city view, surrounded by high-rise buildings and illuminated windows.

A hotel room with a large bed, two bedside tables with lamps, a framed picture on the wall, and a window with curtains.

11. hotel manduara

Catedral, 1.7 km from Mercado 4

Kai

฿1,644

฿1,808 total

includes taxes & fees

22 Sept - 23 Sept

A spacious lobby with a large rug, seating area, and indoor plants.

A swimming pool with a tiled deck, lounge chairs, and a rock waterfall.

A fountain with a stone base surrounded by potted plants, a staircase leading up to a building, and outdoor seating with chairs and tables.

A restaurant with wooden tables and chairs, a bar area, and large windows with curtains.

12. Nobile Hotel Premier Hill

San Roque, 1 km from Mercado 4

Jonathan

฿1,424

฿1,567 total

includes taxes & fees

4 Oct - 5 Oct

A dining table with pizzas and condiments, a window with a view of the city at night, and a potted plant.

A modern living room with a chandelier, leather sofas, a red rug, and a glass coffee table.

A rooftop pool with clear blue water, a pergola, and a city view.

A hotel room with a bed, a desk, a chair, an air conditioning unit, a window with patterned curtains, and a tiled floor.

13. Paranainn Hotel Asuncion

Catedral, 1.9 km from Mercado 4

Denis Ignacio

฿1,295

฿1,425 total

includes taxes & fees

28 Sept - 29 Sept

A building with a covered porch, columns, and a sign that reads "SALON."

A compact kitchen with a wooden door, a sink, and a small countertop.

A slice of chocolate cake on a white plate on a white table.

A balcony with two chairs, a white wall, and dense foliage in the background.

14. Das Heim Hotel

San Roque, 0.9 km from Mercado 4

฿1,811

฿1,993 total

includes taxes & fees

24 Sept - 25 Sept

A modern office space with a desk, chair, television, shelves, and potted plants.

A modern living room with a sofa, a glass coffee table, a dining table with chairs, a large plant, and framed artwork on the wall.

A modern building with a pool, outdoor seating, and a sign that says 'RELAX chill Enjoy!'

A bedroom with a bed, a window with curtains, an air conditioning unit, a framed picture on the wall, and a bedside lamp.

15. Corporate Stays Edificio Pilar

1.7 km from Mercado 4

฿1,178

฿3,961 total

includes taxes & fees

22 Sept - 23 Sept

An outdoor dining area with white metal chairs and tables, surrounded by potted plants and a wooden deck.

A multi-story building with a mix of brick and white facades, featuring balconies and arched windows.

A banquet hall with round tables, wooden chairs, hanging plants, and pendant lights.

A hallway with a checkered floor, a wooden bench, and a table with lamps.

16. La Mision Hotel Boutique

Recoleta, 4.1 km from Mercado 4

Paolo

฿5,998

฿6,597 total

includes taxes & fees

19 Oct - 20 Oct

A modern lobby with a blue sofa, red and grey cushions, wooden flooring, and a large wall-mounted TV displaying a pink tree.

A spacious lobby with a central seating area, wooden flooring, and a reception desk with a beverage display.

A Holiday Inn Express building with a modern glass facade and a covered walkway.

A rooftop pool with a view of the cityscape, including modern buildings and a sunset.

17. Holiday Inn Express Asuncion Aviadores by IHG

6.8 km from Mercado 4

ana

฿2,832

฿3,115 total

includes taxes & fees

24 Sept - 25 Sept

An indoor swimming pool with a blue-lit water feature, surrounded by a multi-level building with balconies, outdoor seating, and ambient lighting.

A room with a red sofa, two lamps, and a brick wall with framed pictures.

An outdoor patio area with a brick floor, a round table, and several chairs. There are multiple potted plants and a mural on the wall.

A neatly made bed with white linens and pillows, a tray with silverware and a vase of white flowers, and a lamp in the background.

18. Nino Hotel Boutique

Villa Morra, 4.1 km from Mercado 4

Gabriel

฿4,362

฿4,798 total

includes taxes & fees

27 Sept - 28 Sept

A rooftop pool area with lounge chairs and a seating area, overlooking a cityscape.

A modern meeting room with a wooden table, white chairs, and a green wall with 'INHALE EXHALE' text.

A hotel room with a large bed, a balcony with a view of city buildings, a table with chairs, and a potted plant.

A modern living room with a sofa, a small table, and a kitchen area with a refrigerator and cabinets.

19. ZENTRUM Residences – By AVA Rentals

Las Lomas, 6 km from Mercado 4

Jeri Lin Hung

฿1,469

฿2,299 total

includes taxes & fees

19 Oct - 20 Oct

A modern kitchen with a marble countertop, wooden chairs, and a large window overlooking a cityscape.

A modern building with a glass entrance, outdoor seating, and a sign reading "HOUSE".

A gym with exercise equipment, a large mirror, and a view of the city.

A modern kitchen with a built-in washing machine, a round dining table with chairs, and a pendant light.

20. Houze Residences – By AVA Rentals.

Las Lomas, 5.9 km from Mercado 4

Marcus

฿1,319

฿2,101 total

includes taxes & fees

18 Oct - 19 Oct

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Compare popular hotels close to Mercado 4

Property	Property class	Guest rating
Gran Hotel del Paraguay	9.6 Exceptional 90 reviews	View
Asuncion Rent Suites Centro	9.6 Exceptional 18 reviews	View
Palmaroga Hotel Asuncion, Tapestry Collection by Hilton	9.4 Exceptional 209 reviews	View
El Nomada Hotel & Hostel	9.0 Wonderful 40 reviews	View
Asunción Palace Hotel	8.8 Excellent 97 reviews	View

Top Mercado 4 Hotel Reviews

Nobile Suites Excelsior Asuncion

10/10 Excellent

"Excelente 👌 muy bueno las habitaciones, el comedor y el desayuno, muy bueno"

Hotel Palmas del Sol

8/10 Good

"I’ve had an amazing maid. She took good care of the room, very clean and good on towel supply. Front desk was regular. The morning clerk on check out was very helpful. Different from the afternoon clerk, uninformative and un helpful. She was the reason for my regular grade for staff. The hotel is walking distance from downtown and is vlose to supermarket and coffee shop."

Gran Hotel del Paraguay

10/10 Excellent

"Wonderful hotel with wonderful people working there. Extremely attentive! Beautiful setting you will want to extend your stay"

hotel manduara

8/10 Good

"Clean room. Location is OK -about 1 km from the main sights. Room was large. Bed was comfortable. AC was a bit noisy "

Nobile Hotel Premier Hill

8/10 Good

"👍"

Other attractions near Mercado 4

Museum of Fine Arts

8.2/10 (17 reviews)

You can spend time exploring the galleries in Museum of Fine Arts during your travels in Asunción. Visit the area's shops or attend a sporting event.

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Museum of Sacred Art

You can spend time browsing the exhibits at Museum of Sacred Art during your trip to Asunción. Visit the area's shops or attend a sporting event.

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Manuel Ferreira Stadium

5.0/10 (2 reviews)

Catch an event at Manuel Ferreira Stadium during your trip to Asunción. Visit the area's shops or attend a sporting event.

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Paraguayan German Cultural Institute

8.2/10 (16 reviews)

You can enjoy some culture when you stop by Paraguayan German Cultural Institute in Asunción. Visit the area's shops or attend a sporting event.

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Dr. Andres Barbero Ethnographic Museum

You can spend time browsing the exhibits at Dr. Andres Barbero Ethnographic Museum during your trip to Asunción. Visit the area's shops or attend a sporting event.

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Uruguaya Square

After visiting Uruguaya Square, make a plan to see the other sights and activities in Asunción. Visit the area's shops or attend a sporting event.

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Central Railway Station Museum

8.0/10 (3 reviews)

You can spend time exploring the galleries in Central Railway Station Museum during your travels in Asunción. Visit the area's shops or attend a sporting event.

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Mburuvichá Roga

8.0/10 (1 review)

You can find out about the history of Asunción with a trip to Mburuvichá Roga. Visit the area's shops or attend a sporting event.

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Frequently asked questions

What's the area like around Mercado 4?

Mercado 4 is located in an area of Asunción that travellers like for its shopping. If you're looking for a convenient place to stay, take a look at the 26 hotels and other accommodation options you'll find within a mile.

What's the best hotel to stay near Mercado 4?

Nobile Hotel Premier Hill is one of the top choices for your stay based on our traveller data, and this hotel offers free breakfast and an outdoor pool. It's located just a short 0.6 mi (1 km) from Mercado 4. Other good options within a short distance include Gran Hotel del Paraguay and Posada de la Luna.

How many hotels will I be able to find near Mercado 4?

Expedia has 26 hotels and other accommodation options within a mile from Mercado 4.

If I need to cancel the hotel reservation for my stay near Mercado 4, will I receive a refund?

Yes! Most room reservations are fully refundable if cancelled before the accommodation's cancellation deadline, which in most cases is within 24 or 48 hours of your scheduled arrival. If you booked a non-refundable reservation, you may still be able to cancel and get a refund within 24 hours of booking. Add dates, click "Search", then you can use the "fully refundable" filter to review the best deals available near Mercado 4.

What can I see and do near Mercado 4?

Study the collections at Museum of Fine Arts, Museum of Sacred Art or Dr. Andres Barbero Ethnographic Museum. Explore landmarks like Palacio de López, Defensores del Chaco Stadium and Recoleta Cemetery. You might spend a leisurely day outdoors at Asuncion Botanical Garden and Zoo and Salud Park.

Search Hotels Near Mercado 4, Asunción

Change your mind

Treat yourself

Be picky

Check prices for these dates

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Star rating

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Our top choices for Mercado 4 hotels

1. Gran Hotel del Paraguay

2. Asuncion Rent Suites Centro

3. Palmaroga Hotel Asuncion, Tapestry Collection by Hilton

4. El Nomada Hotel & Hostel

5. Asunción Palace Hotel

6. Granados Park Hotel

7. Edificio Navarra

8. Hotel Guarani Asuncion

9. Hotel Amalfi

10. Hotel Cecilia

11. hotel manduara

12. Nobile Hotel Premier Hill

13. Paranainn Hotel Asuncion

14. Das Heim Hotel

15. Corporate Stays Edificio Pilar

16. La Mision Hotel Boutique

17. Holiday Inn Express Asuncion Aviadores by IHG

18. Nino Hotel Boutique

19. ZENTRUM Residences – By AVA Rentals

20. Houze Residences – By AVA Rentals.

Compare popular hotels close to Mercado 4

Top Mercado 4 Hotel Reviews

Nobile Suites Excelsior Asuncion

Hotel Palmas del Sol

Gran Hotel del Paraguay

hotel manduara

Nobile Hotel Premier Hill

Other attractions near Mercado 4

Museum of Fine Arts

Museum of Sacred Art

Manuel Ferreira Stadium

Paraguayan German Cultural Institute

Dr. Andres Barbero Ethnographic Museum

Uruguaya Square

Central Railway Station Museum

Mburuvichá Roga

Frequently asked questions